Nemetschek increases profitability in the first quarter 2013

  • Group revenue rises 5 percent to EUR 43.7 million
  • EBITDA climbs over-proportionally compared to revenues by 15 percent to EUR 10.8 million
  • Net liquidity up to EUR 56.0 million

Munich, April 30, 2013 – Nemetschek AG (ISIN 0006452907), leading global software provider for the architecture, engineering and construction market (AEC), had a solid start to the new year with its first quarter results published today.

Group revenues climbed by 5 percent to EUR 43.7 million. The result before interest, taxes and depreciation (EBITDA) improved over-proportionally compared to revenues by 15 percent to EUR 10.8 million, which represents an EBITDA margin of 24.6 percent. The earnings per share rose to EUR 0.55 from EUR 0.45 in the prior year.

The strong market position of the Group once again proved to be the main growth driver in its core markets in Europe. In particular all subsidiaries expanded their market positions in the DACH region, but also in the US market.

"Within the basic idea of Open BIM the greatest growth drivers for the Nemetschek Group in 2013 will also be internationalisation, innovation and cooperation" commented Tanja Tamara Dreilich, Executive Board of the Nemetschek AG, on the figures. “Our product innovation Nevaris shows a good order intake. The new Open BIM platform bim+ presented at BAU 2013 is ready for launch and will provide a new generation of data collaboration. And, above all, we expect additional impetus and inspiration for the whole Group from our new cooperation of Maxon with Adobe". The Nemetschek subsidiary Maxon announced an extensive development and marketing cooperation with the leading worldwide software group Adobe at the end of March.

Based on the positive developments in the first quarter and an expected positive market environment, the Executive Board adheres to the prospects published in the 2012 annual report.

The complete report on corporate development in the first three months of 2013 can be found on the internet pages of the company for downloading.

Consolidated Statement of Comprehensive Income

In millions of EuroQ1 2012Q1 2013% change
Revenues41.643.7+5%
of which software and licences20.220.5+2%
of which service contracts19.120.8+9%
EBITDA9.410.8+15%
Margin22.5%24.6% 
Net income (group shares)4.35.3+22%
Earnings per share0.450.55 

Development of business segments

In millions of EuroQ1 2012Q1 2013% change
Design   
Revenues33.634.7+3%
EBITDA6.47.3+15%
Margin19%21% 
Build   
Revenues3.43.8+14%
EBITDA1.21.2+5%
Margin35%32% 
Manage   
Revenues1.01.0+1%
EBITDA0.20.2+33%
Margin15%19% 
Multimedia   
Revenues3.64.1+16%
EBITDA1.72.0+19%
Margin47%48%